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11647 N Hacienda Drive Sun City, AZ 85351

2 Beds 2 Baths 1,461 sqft Built 1960

$269,990

List Price

$1,360

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

January 28, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1960
  • Price/Sqft : $184.80
  • 4 Days on Market
  • MLS # : 6185548
  • Updated Date : 01/28/2021 at 15:51
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,461 sqft
  • Baths : 1 full , 1 half
Listing Agent

Redfin Corporation

Listing Agent's Description

Golf Course Home! On 13th hole of North Course, large fenced lot ideal for the dog owner! Welcome home to this charming move-in ready, 2 bedrooms, 1.75 bathrooms, workshop, with a large heated and cooled ARIZONA ROOM - ideal for second living area and dining! Bright kitchen, open floor plan, huge storage area/owners closet. Spacious backyard with fruit trees, includes a covered and tiled patio with golf course views! BBQ area and cemented area ideal for the fire pit table and evening guests! This clean and well maintained home is ideal for full time or seasonal residents! Could be a great rental opportunity as well. Don't miss this one!

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Sun City

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $80k271k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Sun City

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500Rent in $8261567

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Valley Vista High School High Unknown NA

Valley Vista High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$242,991$296,989$269,990

PURCHASE PRICE

$1,224$1,496$1,360

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,360
EXPENSES Loan Payment -$938
Property Tax -$144
Property Insurance -$56
HOA -$7
Property Management Fees -$99
CASH FLOW
$117

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$269,990

PROJECTED PRICE

$1,360

PROJECTED RENT

0.50%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.35%
Appreciation Year (1-5) 9.8%
Maintenance Year (1-5) 8.00%
Vacancy 6.24%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$77,297

INVESTMENT

$77,297

Down Payment
$67,498
Rehab Estimate
$5,750
Closing Costs
$4,050

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$938

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $67,498
Loan Amount $202,493
See What Happens When You Reinvest Cash Flow

7.92

YEARS SAVED

$27,584

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,360

    LIST RENT
  • $0.93

    LIST RENT PER SQFT
  • $1,362

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$1,250
1$1,2502$1,2503$1,2504$1,3505$1,360
$1,360
RENT COMPS ANALYSIS
  • 11647 N Hacienda Drive Sun City, AZ 5
    • 2 beds 2 baths ∙ 1,461 Sqft ∙ Built 1960 2 beds 2 baths ∙ 1,461 Sqft ∙ Built 1960
    • Rent
    • Rent Per SQFT
    •  
    • $1,360
    • $0.93
    •  
  • 10025 W Riviera Drive Sun City, AZ 1
    • 2 beds 2 baths ∙ 1,330 Sqft ∙ Built 1963 2 beds 2 baths ∙ 1,330 Sqft ∙ Built 1963
    LEASED 02/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.94
    •  
  • 10007 W Lakeview Circle S Sun City, AZ 2
    • 2 beds 2 baths ∙ 1,435 Sqft ∙ Built 1962 2 beds 2 baths ∙ 1,435 Sqft ∙ Built 1962
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.87
    •  
  • 10131 W Palmer Drive Sun City, AZ 3
    • 2 beds 2 baths ∙ 1,288 Sqft ∙ Built 1963 2 beds 2 baths ∙ 1,288 Sqft ∙ Built 1963
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.97
    •  
  • 10214 W Pinehurst Drive Sun City, AZ 4
    • 2 beds 2 baths ∙ 1,426 Sqft ∙ Built 1963 2 beds 2 baths ∙ 1,426 Sqft ∙ Built 1963
    LEASED 12/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.95
    •  
PROPERTY LISTING DETAILS
Greg A Jones
Redfin Corporation
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6185548
Last Updated: 01/28/2021
support@investimateroi.com

Indicates a property listed by a real estate brokerage other than HomeUnion/Investimate by Mynd. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright (c) 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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